116,949 views
39 votes
39 votes
4. Sales tax in a certain state is 5%. If the sales tax on a new boat was $400, what was the selling price of the boat?

User Harjatin
by
2.7k points

2 Answers

20 votes
20 votes
That’s what it was a good night time to get
User Paranoia
by
2.6k points
18 votes
18 votes

Sales tax percentage = 5% = 5/100 = 0.05 (decimal form)

Sales tax amount = $400

Multiply the selling price of the boat (x) by the sales tax percentage in decimal form. That expression must be equal to 400.

0.05x = 400

Solve for x:

x = 400/ 0.05

x= $8,000

User Paxz
by
2.3k points